Oil

Oil prices closed up on Friday after a rally in prices around geopolitical instability in Iraqi Kurdistan helped Brent make its strongest third-quarter price performance since 2004.

Oil prices slipped on Thursday, further backing off from 2015 peaks hit earlier in the week as tension around northern Iraq following the Kurdistan region's vote in favor of independence spurred fresh supply concerns.

Global oil prices fell on Wednesday while U.S. crude rallied, after crude stockpiles unexpectedly drew with refiners coming back online following Hurricane Harvey last month.

Global oil prices fell on Wednesday while U.S. crude rallied, after crude stockpiles unexpectedly drew with refiners coming back online following Hurricane Harvey last month.

Once the most popular type of vehicle in America, midsize sedans have reached a low point this year, Edmunds says.

Once the most popular type of vehicle in America, midsize sedans have reached a low point this year, Edmunds says.

Brent oil prices fell 1 percent on Tuesday after investors took profit following a rally to 26-month highs spurred largely by threats from Turkey to cut crude exports from Iraq’s Kurdistan region.

The spike in gasoline prices that followed Hurricane Harvey is beginning to subside.

The spike in gasoline prices that followed Hurricane Harvey is beginning to subside.

Oil prices soared more than 3 percent on Monday, with Brent hitting its highest in more than two years, after major producers said the global market was on its way to rebalancing, while Turkey threatened to cut oil flows from Iraq's Kurdistan region toward its ports.

Oil prices soared more than 3 percent on Monday, with Brent hitting its highest in more than two years, after major producers said the global market was on its way to rebalancing, while Turkey threatened to cut oil flows from Iraq's Kurdistan region toward its ports.

The Russian natural gas producer snagged the top spot in a ranking of the world’s most valuable energy companies, displacing U.S. giant Exxon Mobil.

The Russian natural gas producer snagged the top spot in a ranking of the world’s most valuable energy companies, displacing U.S. giant Exxon Mobil.

Oil prices were mixed on Friday, hovering close to their highest levels in months, as major producers may wait until January before deciding whether to extend their output curbs beyond the first quarter.

Oil prices were mixed on Friday, hovering close to their highest levels in months, as major producers may wait until January before deciding whether to extend their output curbs beyond the first quarter.

A meeting of OPEC and non-OPEC nations on Friday to review their oil supply cut deal will discuss monitoring exports to assess compliance and will consider extending the pact beyond March.

Oil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the global crude glut.

Harold Hamm, CEO of Continental Resources, an American oil and natural gas exploration and production company, told FOX Business that the slight uptick in oil prices is due to small adjustments made in the Energy Information Administration’s (EIA) short-term energy outlook.

Harold Hamm, CEO of Continental Resources, an American oil and natural gas exploration and production company, told FOX Business that the slight uptick in oil prices is due to small adjustments made in the Energy Information Administration’s (EIA) short-term energy outlook.

Hurricanes and other natural disasters can affect the energy industry’s ability to honor contracts related to oil and natural gas production.